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SBP Names UBL, HBL and NBP Systemically Important Banks

22-Aug-2026
The State Bank of Pakistan (SBP) has designated United Bank Limited (UBL), Habib Bank Limited (HBL) and National Bank of Pakistan (NBP) as Domestic Systemically Important Banks (D-SIBs) for 2026.The d...
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SBP Names UBL, HBL and NBP Systemically Important Banks

Meezan Bank Named Pakistan’s Best Bank for the 6th time

22-Aug-2026
Meezan Bank Limited has once again been named Pakistan’s Best Bank, securing the title for the sixth time at the 11th Pakistan Banking Awards. Bank of Punjab emerged as the event’s most successful...
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Meezan Bank Named Pakistan’s Best Bank for the 6th time

Pakistan Targets Rs1.676 Trillion Petroleum Levy Collection

22-Aug-2026
The federal government has set a target of collecting Rs1.676 trillion through the petroleum levy during fiscal year 2026-27, with the budget calculated on the assumption of an average levy of Rs80 pe...
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Pakistan Targets Rs1.676 Trillion Petroleum Levy Collection

Aptma Opposes Proposed Rs2.52/kWh Power Hike

22-Aug-2026
The All Pakistan Textile Mills Association (Aptma) has objected to a proposed positive Fuel Price Adjustment (FPA) of Rs2.52 per kilowatt-hour for July 2026, warning that the additional electricity co...
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Aptma Opposes Proposed Rs2.52/kWh Power Hike

Petrol and Diesel Prices Increased Until August 24

22-Aug-2026
The government has raised petrol and diesel prices by Rs3.81 and Rs3.59 per litre, respectively, for a limited three-day period from August 22 to August 24, 2026, following changes under the revised p...
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Petrol and Diesel Prices Increased Until August 24

SECP Proposes Stricter Rules for Insurance Companies

21-Aug-2026
The Securities and Exchange Commission of Pakistan (SECP) has proposed a new regulatory framework that could impose stricter service timelines and heavier penalties on insurance companies. The regulat...
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SECP Proposes Stricter Rules for Insurance Companies

FBR Revises Sales Tax Rules for Specified Goods

21-Aug-2026
The Federal Board of Revenue (FBR) has amended the sales tax framework applicable to certain locally supplied and imported goods, issuing a corrigendum to clarify how their value should be determined ...
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FBR Revises Sales Tax Rules for Specified Goods

Rehmat Ali Hasnie’s Tenure as NBP President Ends

21-Aug-2026
The National Bank of Pakistan (NBP) has informed the Pakistan Stock Exchange (PSX) that Rehmat Ali Hasnie’s tenure as President and Chief Executive Officer officially concluded on August 21, 2026.Hi...
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Rehmat Ali Hasnie’s Tenure as NBP President Ends

Punjab Makes Digital Arms Inventory Mandatory

21-Aug-2026
The Punjab Home Department has ordered all licensed arms dealers operating across the province to digitally register their firearm and ammunition inventories. Under the new directive, dealers holding ...
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Punjab Makes Digital Arms Inventory Mandatory

New App Helps Small Retailers Enter Tax Net

20-Aug-2026
ISLAMABAD: Small retailers currently outside Pakistan’s formal tax system can now register as taxpayers and file their income tax returns through the newly introduced Retailer Scheme App using their...
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New App Helps Small Retailers Enter Tax Net
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